Personal CFO Solutions LLC Has $672,000 Stock Position in Air Products and Chemicals, Inc. (NYSE:APD)

Personal CFO Solutions LLC increased its stake in shares of Air Products and Chemicals, Inc. (NYSE:APDFree Report) by 4.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,454 shares of the basic materials company’s stock after buying an additional 102 shares during the quarter. Personal CFO Solutions LLC’s holdings in Air Products and Chemicals were worth $672,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in APD. Jump Financial LLC bought a new stake in shares of Air Products and Chemicals during the third quarter worth $224,000. Blair William & Co. IL lifted its position in Air Products and Chemicals by 5.0% during the 3rd quarter. Blair William & Co. IL now owns 78,032 shares of the basic materials company’s stock worth $22,114,000 after buying an additional 3,734 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its stake in Air Products and Chemicals by 9.7% in the third quarter. Prime Capital Investment Advisors LLC now owns 3,537 shares of the basic materials company’s stock valued at $1,002,000 after acquiring an additional 314 shares during the last quarter. Greenleaf Trust grew its holdings in Air Products and Chemicals by 2.0% during the third quarter. Greenleaf Trust now owns 8,657 shares of the basic materials company’s stock worth $2,453,000 after purchasing an additional 169 shares during the period. Finally, Roffman Miller Associates Inc. PA lifted its holdings in Air Products and Chemicals by 4.7% during the 3rd quarter. Roffman Miller Associates Inc. PA now owns 62,907 shares of the basic materials company’s stock valued at $17,828,000 after purchasing an additional 2,839 shares during the last quarter. Institutional investors and hedge funds own 81.66% of the company’s stock.

Air Products and Chemicals Price Performance

Shares of NYSE:APD opened at $279.53 on Monday. Air Products and Chemicals, Inc. has a 52 week low of $212.24 and a 52 week high of $307.71. The company has a quick ratio of 1.31, a current ratio of 1.49 and a debt-to-equity ratio of 0.77. The business has a fifty day simple moving average of $248.45 and a 200-day simple moving average of $251.16. The company has a market cap of $62.14 billion, a P/E ratio of 25.23, a P/E/G ratio of 3.03 and a beta of 0.84.

Air Products and Chemicals (NYSE:APDGet Free Report) last issued its quarterly earnings data on Tuesday, April 30th. The basic materials company reported $2.85 earnings per share for the quarter, beating analysts’ consensus estimates of $2.70 by $0.15. The firm had revenue of $2.93 billion during the quarter, compared to analyst estimates of $3.05 billion. Air Products and Chemicals had a return on equity of 16.56% and a net margin of 20.32%. Air Products and Chemicals’s quarterly revenue was down 8.4% on a year-over-year basis. During the same quarter last year, the firm earned $2.74 EPS. Equities research analysts forecast that Air Products and Chemicals, Inc. will post 12.3 EPS for the current year.

Air Products and Chemicals Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 12th. Shareholders of record on Monday, July 1st will be given a $1.77 dividend. This represents a $7.08 annualized dividend and a yield of 2.53%. The ex-dividend date is Monday, July 1st. Air Products and Chemicals’s payout ratio is currently 63.90%.

Analysts Set New Price Targets

Several research firms have weighed in on APD. JPMorgan Chase & Co. lowered their price objective on Air Products and Chemicals from $270.00 to $260.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 1st. StockNews.com upgraded shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Wednesday, June 5th. Mizuho decreased their price objective on shares of Air Products and Chemicals from $295.00 to $286.00 and set a “buy” rating for the company in a report on Wednesday, May 1st. TD Cowen lifted their target price on shares of Air Products and Chemicals from $305.00 to $320.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. Finally, Argus cut shares of Air Products and Chemicals from a “buy” rating to a “hold” rating in a research note on Monday, February 26th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Air Products and Chemicals currently has an average rating of “Hold” and an average target price of $277.85.

View Our Latest Stock Analysis on APD

Air Products and Chemicals Company Profile

(Free Report)

Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals.

Read More

Want to see what other hedge funds are holding APD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Air Products and Chemicals, Inc. (NYSE:APDFree Report).

Institutional Ownership by Quarter for Air Products and Chemicals (NYSE:APD)

Receive News & Ratings for Air Products and Chemicals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air Products and Chemicals and related companies with MarketBeat.com's FREE daily email newsletter.